Published on 18 Jun 2023 on Simply Wall St. via Yahoo Finance
With 54% ownership of the shares, The Cato Corporation (NYSE:CATO) is heavily dominated by...
Key Insights
Institutions' substantial holdings in Cato implies that they have significant influence over the company's share price51% of the business is held by the top 10 shareholders 19% of Cato is held by insiders
Every investor in The Cato Corporation (NYSE:CATO) should be aware of the most powerful shareholder groups. With 54% stake, institutions possess the maximum shares in the company. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn).